banks of discount
1discount market — In the UK, the part of the money market consisting of banks, discount houses, and bill brokers. By borrowing money at short notice from commercial banks or discount houses, bill brokers are able to discount bills of exchange, especially Treasury… …
2discount market — In the UK, the part of the money market consisting of banks, discount houses, and bill brokers By borrowing money at short notice from commercial banks or discount houses, bill brokers are able to discount bills of exchange, especially Treasury… …
3discount rate — n 1: the interest on an annual basis deducted in advance on a loan 2: the interest levied by the Federal Reserve for advances and rediscounts Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
4discount — dis·count 1 / dis ˌkau̇nt/ n: a reduction made from the gross amount or value of something: as a: a reduction made from a regular or list price or a proportionate deduction from a debt account usu. made for prompt payment or for payment in cash b …
5discount rate — n. 1. DISCOUNT (n. 3) 2. the rate at which the Federal Reserve Banks discount or rediscount securities offered by member banks …
6Discount — Dis count (?; 277), v. t. [imp. & p. p. {Discounted}; p. pr. & vb. n. {Discounting}.] [OF. desconter, descompter, to deduct, F. d[ e]compter to discount; pref. des (L. dis ) + conter, compter. See {Count}, v.] 1. To deduct from an account, debt,… …
7banks and banking — Authorized financial institutions and the business in which they engage, which encompasses the receipt of money for deposit, to be payable according to the terms of the account; collection of checks presented for payment; issuance of loans to… …
8discount rate — discount .rate n [C usually singular] the interest rate that a country s ↑central bank charges to other banks …
9discount rate — The interest rate charged on loans by the Federal Reserve Bank. Chicago Board of Trade glossary The interest rate charged by the Federal Reserve to its member banks (banks which belong to the Federal Reserve System) for funds they borrow. This… …
10Discount window — The discount window is an instrument of monetary policy (usually controlled by central banks) that allows eligible institutions to borrow money from the central bank, usually on a short term basis, to meet temporary shortages of liquidity caused… …
